$295,000
3.97 Acres
Land
Sharon A Holderbaum, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Is Peninsula, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Peninsula has remained a Seller's Market.
Key Takeaway
Peninsula is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Peninsula, OH
How much do homes in Peninsula, OH cost?
Median Sold Price
$430,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$47,600(+12.4%)
Key Takeaway
Homes in Peninsula have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Peninsula was $430,000 in September 2024, up 12.4% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $174.9K | $222.5K | +27.2% |
| 3 Bedrooms | $380K | $385K | +1.3% |
| 4 Bedrooms | $408K | $579.9K | +42.1% |
| 5+ Bedrooms | $460.7K | $1.1M | +141.5% |
Summary: Peninsula housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 141.5%.
Median Sold Price Compared To Nearby Cities
| Boston Township | $353.3K | $440K | +24.5% |
| Peninsula | $382.4K | $430K | +12.4% |
| Boston Heights | $557K | $622.5K | +11.8% |
Housing Supply in Peninsula, OH
How many homes are available in Peninsula, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Peninsula real estate market had 10 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Peninsula housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Peninsula, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Peninsula in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Peninsula, OH
How long does it take to sell a home in Peninsula, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 60 Days | 30 Days | -49.7% |
Summary: Homes in Peninsula had an average of 30 days on market in Sep 2024, down by 49.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peninsula are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 3 homes were sold in Peninsula; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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